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1.1¢ golden mile resources ltd

Ann: Nickel Discovery Extends Over 3 Kilometres, page-170

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Mrmena112

213 Posts.

153

06/12/17

14:23

Post #: 29420906
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Originally posted by niclou ↑

insaf, for what it's worth, as you seem to be a rational technical investor/trader.

I've been buying, and I know a few who have been selling. What I have noticed convincingly today is as soon as some large volume goes in at anything about 63.5c the algo instantly picks them up, then it begins to fill the 63.5c line with very small volumes. This does three things, (a) controls the underpinning purchases waiting for a nervous seller/s (like this morning), (b) controls the traders who want to buy on the uptake but need to pay the required price which is risky as a higher % exists, and (c) controls the 4c gap (60.5/64.5) until either they move it up/or believe they can shake more - with what has been happening to me all day I'd say the next leg is about to occur.

Regards, NL.

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Hi NL Thanks for your in-depth posts and explanations. Do you think the next leg will be positive? Im one of those nervous holders, not sure if I should cut my losses or hang tight. Cheers

G88 Price at posting: 61.5¢ Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

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(20min delay)
Last 1.1¢		Change 0.000(0.00%)		Mkt cap ! $5.201M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.1¢	$2.2K	200K

Buyers (Bids)

No.	Vol.	Price($)
7	839259	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	152192	1

View Market Depth

No.	Vol.	Price($)
7	839259	0.011
11	1632920	0.010
9	4272222	0.009
6	657124	0.008
3	592142	0.007

Price($)	Vol.	No.
0.012	152192	1
0.013	1161338	1
0.014	99000	1
0.015	50000	1
0.016	421708	3

Last trade - 10.37am 15/11/2024 (20 minute delay)

G88 (ASX) Chart

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